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IT sector job switch not...

Salary increases for tech professionals transitioning...

Narayana Murthy says Indian youth...

Infosys founder Narayana Murthy believes that...

IT sector job switch not paying off? Here’s why salary hikes are declining for techies

Salary increases for tech professionals transitioning to new jobs have seen a sharp decline this fiscal year. Top IT companies are scaling back hiring efforts due to a slowdown in global tech service demand, leading to reduced salary increments, by nearly half, for job switchers.Data from staffing firms, as reported by ET, indicates that software firms are currently offering 18-22% hikes to job changers, a significant drop from the previous year when these candidates could command increases ranging from 40% to as high as 100-120%.The most significant dip...

IT sector job...

Salary increases for tech professionals transitioning to new jobs have seen a sharp decline this fiscal year. Top IT companies are scaling back...

Narayana Murthy says...

Infosys founder Narayana Murthy believes that if India wants to make significant progress then the Indian youth will have to step up productivity...

Infosys, HCL Tech...

BENGALURU: Infosys and HCL Tech have both cut revenue forecasts for the 2023-24 financial year, underscoring the continuing softness in discretionary spends by...

Wipro to roll...

Wipro, the Bengaluru-based IT firm, will implement annual merit salary increases (MSI) for its employees from December 1, after delaying the hikes, originally...

Cognizant BFSI head...

BENGALURU/CHENNAI: “Earlier this year, I took on the challenge to lead the combined banking, financial services and insurance business unit for the Americas...

Sensex rises as...

MUMBAI: Dalal Street discounted possible repercussions of the conflict in West Asia as strong buying by domestic players gave the sensex a 567-point...

Markets rebound after...

MUMBAI: Equity benchmark indices Sensex and Nifty rebounded sharply on Thursday after sliding for the past two sessions, propelled by bargain hunting in...

Share Market Highlights...

Mastek Limited : Company has received a favourable Order from the Hon. High Court of Gujarat quashing the notices / revisions u/s 154...

Sensex, Nifty rebound...

MUMBAI: Benchmark Sensex rose by 320 points while Nifty closed above the 19,600 mark on Friday after value-buying in metal, financial and energy...